{"id":73265,"date":"2026-10-19T16:08:16","date_gmt":"2026-10-19T20:08:16","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nscale-and-anthropic-eye-45b-cloud-deal-trump-proposes-trilateral-peace-summit\/73265\/"},"modified":"2026-10-19T16:08:16","modified_gmt":"2026-10-19T20:08:16","slug":"nscale-and-anthropic-eye-45b-cloud-deal-trump-proposes-trilateral-peace-summit","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nscale-and-anthropic-eye-45b-cloud-deal-trump-proposes-trilateral-peace-summit\/73265\/","title":{"rendered":"Nscale and Anthropic Eye $45B Cloud Deal; Trump Proposes Trilateral Peace Summit"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Nscale and Anthropic<\/strong> are reportedly in talks for a <strong>$45 billion cloud computing deal<\/strong> to power AI development using next-generation <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> chips.<\/li>\n<li><strong>President Trump<\/strong> suggested a trilateral summit with <strong>Vladimir Putin<\/strong> and <strong>Xi Jinping<\/strong> to discuss denuclearization and a potential end to the Ukraine conflict, while calling for a new negotiator to replace <strong>Volodymyr Zelenskyy<\/strong>.<\/li>\n<li><strong>Ukraine<\/strong> has offered to pause strikes on <strong>Russian oil refineries<\/strong> in exchange for a consistent supply of <strong>Patriot missile interceptors<\/strong>, as its air defense stocks reportedly run dry.<\/li>\n<li><strong>Bank of Canada<\/strong> rate hike bets have surged, with markets now pricing in a significant chance of an increase following rising inflation expectations and strong labor data.<\/li>\n<li><strong>Secretary of State Marco Rubio<\/strong> formalized new critical mineral partnerships with <strong>Central Asian nations<\/strong> to diversify supply chains away from Chinese dominance.<\/li>\n<\/ul>\n<h2>AI Infrastructure: Nscale and Anthropic\u2019s $45 Billion Ambition<\/h2>\n<p>AI cloud computing firm <strong>Nscale<\/strong> is reportedly negotiating a massive <strong>$45 billion deal<\/strong> to provide computing power to AI lab <strong>Anthropic<\/strong>. The agreement, which could be finalized within days, centers on Nscale\u2019s <strong>Monarch data center<\/strong> in West Virginia. The facility\u2019s second building is expected to deliver <strong>460 MW of compute power<\/strong> utilizing <strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> Vera Rubin AI chips, which are scheduled to come online in late 2027.<\/p>\n<p>This deal is critical for <strong>Nscale<\/strong> as it prepares for a planned <strong>initial public offering (IPO)<\/strong> with a target valuation of approximately <strong>$30 billion<\/strong>. The contract represents a six-year commitment from Anthropic, averaging <strong>$7.5 billion in annual spending<\/strong>. Investors are closely watching the deal as a bellwether for the sustainability of the AI infrastructure boom, particularly regarding the high capital expenditures required for such massive data center developments.<\/p>\n<h2>Geopolitical Shifts: Trump Proposes Trilateral Diplomacy<\/h2>\n<p>In a series of statements on Monday, <strong>President Trump<\/strong> expressed openness to a trilateral meeting with Russian President <strong>Vladimir Putin<\/strong> and Chinese President <strong>Xi Jinping<\/strong>. The proposed summit would focus on <strong>nuclear disarmament<\/strong> and resolving the war in Ukraine. Trump criticized the current Ukrainian leadership, stating that <strong>Zelenskyy &quot;doesn&#39;t know what he&#39;s talking about&quot;<\/strong> and suggested it is time for someone else to negotiate on Kyiv&#39;s behalf.<\/p>\n<p>Trump also reiterated his controversial proposal to rename the state of <strong>New Mexico<\/strong> to <strong>&quot;New America.&quot;<\/strong> He claimed on <strong>Truth Social<\/strong> that the change would increase home values, prestige, and &quot;honesty&quot; in elections. While the President can rename geographic features like the <strong>Gulf of Mexico<\/strong> (which he previously ordered renamed to the <strong>Gulf of America<\/strong>), constitutional experts note he lacks the authority to unilaterally rename a state without Congressional and state-level action.<\/p>\n<h2>Ukraine\u2019s Defensive Trade-Off: Refineries for Patriots<\/h2>\n<p><strong>President Volodymyr Zelenskyy<\/strong> has signaled that Ukraine could temporarily halt its drone strikes on <strong>Russian oil refineries<\/strong> if the U.S. guarantees the delivery of <strong>Patriot air defense missiles<\/strong>. The offer comes as reports indicate Ukraine\u2019s interceptor stocks have reached critical lows, leaving major cities like Kyiv and Kharkiv vulnerable to Russian ballistic missile attacks.<\/p>\n<p>The <strong>Pentagon<\/strong> has reportedly delayed deliveries through the <strong>Prioritized Ukraine Requirements List (PURL)<\/strong> program, a move Zelenskyy described as &quot;hard to explain.&quot; Meanwhile, the Trump administration has pressured Kyiv to stop the refinery strikes, citing their impact on global <strong>diesel prices<\/strong>. Zelenskyy noted that while Ukraine paused strikes for a brief period following a U.S.-brokered &quot;energy truce,&quot; Russia continued to target Ukrainian energy infrastructure, prompting a resumption of Ukrainian long-range attacks.<\/p>\n<h2>Monetary Policy and Trade: Bank of Canada and Central Asia<\/h2>\n<p>In financial markets, bets on a <strong>Bank of Canada<\/strong> interest rate hike have grown among economists and traders. Market data now suggests a <strong>75% probability<\/strong> of a quarter-point hike in the near term, a sharp pivot from previous expectations of a rate hold at <strong>2.25%<\/strong>. The hawkish shift follows stronger-than-expected labor reports and concerns that headline inflation remains stubbornly above the central bank&#39;s target.<\/p>\n<p>On the trade front, <strong>Secretary of State Marco Rubio<\/strong> concluded a visit to <strong>Uzbekistan<\/strong>, where he outlined a U.S. push for <strong>critical minerals partnerships<\/strong> with Central Asian nations. The &quot;C5+1&quot; ministerial meeting resulted in pledges to expand mineral extraction and processing for materials like <strong>cobalt and manganese<\/strong>. Rubio emphasized that the U.S. seeks &quot;fair competition&quot; in the region and is not forcing nations to choose between Washington, Moscow, or Beijing, though the move is widely seen as an effort to secure supply chains for advanced manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nscale and Anthropic are reportedly in talks for a $45 billion cloud computing deal to power AI development 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